California Real Estate Salesperson Exam Practice – Quesiton 33

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Explanations

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In a real estate transaction, the primary responsibility for providing agency

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disclosure rests with the licensed real estate agents and their employing brokers. This includes

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the listing broker (representing the seller), the selling broker (representing the buyer, also known

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as the buyer’s agent), and any cooperating brokers involved. The principal (either the buyer or

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the seller) is the client to whom the disclosure is made. While principals are required to review

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and sign the agency disclosure form to acknowledge the relationship, they are not the ones

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responsible for creating or presenting the disclosure.

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